Fleet Lease Options

Southgate Leasing offers a versatile selection of lease options providing your business cost effective fleet leasing and equipment leasing solutions.  Our fleet lease and equipment leasing specialists work closely with you determining the most efficient lease option best fulfilling your transportation and equipment needs and meeting your company’s budget.  Our fleet lease options cover every leasing detail upfront, including fixed and floating rate options, mile limitations, charged and credited interest, and much more.  From fleet lease options designed to free up working capital to equipment leasing plans structured uniquely to your company, Southgate Leasing’s fleet lease and equipment lease options offer the flexibility to fulfill your company’s transportation and equipment needs cost effectively.

Open End Operating Fleet Lease

The open end operating fleet lease is preferred by corporations desiring the maximum benefits fleet leasing offers.  Open end operating fleet Leasing offers increased flexibility and cost effectiveness compared to Closed End Fleet Leasing.  The open end operating fleet Lease satisfies all FASB requirements and does not penalize for mile overage.  Fleet vehicle financing is structured with either a fixed rate or a variable rate depending on our client’s unique fleet leasing needs.

Open End Capital Fleet Lease

Our open end capital fleet lease fulfills the fleet leasing needs of clients in certain situations.  In the open end capital fleet lease the client capitalizes the leased vehicle on their balance sheet.  Southgate Leasing offers both fixed and floating rate financing options under the capital fleet lease option.

Closed End Fleet Lease

The closed end fleet lease is a viable option for companies with a low number of fleet lease vehicles.  The closed end fleet lease is similar to the type of fleet leasing found at a new car dealership.  The primary difference compared to an open end fleet lease is a fixed fleet lease term and mileage limitations.

Sale Fleet Lease Back

The sale fleet lease back option is ideal for our clients desiring to free up additional working capital.  Southgate Leasing will purchase assets our client owns and structure a customized fleet lease program allowing them to maximize budgetary goals and cash flow.

Self-Funded Fleet Lease

Self-funded fleet leasing is designed for companies with excess cash who still want to take advantage of the benefits fleet leasing offers.  During a self-funded fleet lease clients act as the bank.  Interest is both charged and credited to the client in a self-funded fleet lease.

Southgate Leasing offers a wide variety of fleet lease and equipment lease options for accommodating your financial situation.  Call Southgate Leasing at 414.529.2992, or contact us online, to speak to professional about a fleet lease or equipment lease right for you.